CT SB01480

Nursing homes and hospitals with new ownership interests by private equity companies or real estate investment trusts recorded on or after October 1, 2025, would be ineligible for Medicaid reimbursement in Connecticut

Private equity company is defined as any publicly traded or non-publicly traded company that collects capital investments and purchases direct or indirect ownership shares in nursing homes or hospitals

Real estate investment trust is defined according to federal tax code (26 USC 856)

The restriction applies only to new ownership interests recorded after the effective date; existing ownership arrangements prior to October 1, 2025 are not affected

The Commissioner of Social Services is responsible for enforcing the Medicaid eligibility requirement